Property Listings
Salida Rainbow MHP - Redevelopment Opportunity
139 W HWY 50 Salida, CO, 81201
Sherpa Commercial Real Estate is pleased to present 139 W Hwy 50 Salida, CO 81201, a premier redevelopment opportunity situated in the heart of Salida’s primary commercial artery. This property offers a rare combination of immediate cash flow and high-density development potential. As Salida continues to evolve from a hidden mountain gem into a premier year-round destination, the demand for diversified housing and modernized commercial space has reached an all-time high. This site is perfectly positioned to capture that momentum.
With a critical shortage of attainable housing in Chaffee County, the site’s proximity to downtown and transit makes it a prime location for high-density multi-family or "missing middle" housing. Located on the main thoroughfare connecting the Arkansas River Valley to the Monarch Mountain ski area and beyond, ensuring a high daily vehicle count and maximum exposure.
The property consists of approximately 1.17 acres improved with one single-family residence and nine mobile home units, providing immediate rental income while preserving flexibility for future redevelopment. The existing site layout allows the property to remain operational during entitlement, planning, and early-stage redevelopment efforts.
With a critical shortage of attainable housing in Chaffee County, the site’s proximity to downtown and transit makes it a prime location for high-density multi-family or "missing middle" housing. Located on the main thoroughfare connecting the Arkansas River Valley to the Monarch Mountain ski area and beyond, ensuring a high daily vehicle count and maximum exposure.
The property consists of approximately 1.17 acres improved with one single-family residence and nine mobile home units, providing immediate rental income while preserving flexibility for future redevelopment. The existing site layout allows the property to remain operational during entitlement, planning, and early-stage redevelopment efforts.
Purchase Price $955,000
For More Information Please Contact:
Brady Welsh
Sherpa Commercial Real Estate, Inc.
303.949.6443 | [email protected]
Brady Welsh
Sherpa Commercial Real Estate, Inc.
303.949.6443 | [email protected]